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May 12, 2008

Marketplace Morning Report for May 12, 2008

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Marketplace Morning Report for May 12, 2008

Segments From this episode

HSBC sees profits, but still feels pain

May 12, 2008
Europe's largest bank, HSBC, has made another big write-down because of subprime mortgages in the U.S. This news comes even though the bank has had a profitable first quarter. From London, Stephen Beard reports.

Wanna buy a turnpike?

May 12, 2008
The Pennsylvania Turnpike is about to become the largest piece of U.S. public infrastructure to be privatized. Jill Barshay reports that at least two overseas ventures have submitted undisclosed cash offers for the road.

Sloan Sessions: Buyouts get creative

May 12, 2008
We might be the midst of a credit squeeze, but that's not putting a complete stop to buyouts. Fortune magazine's Alan Sloan explains the creative routes some firms are taking to stay in the business of buying loans.

Thousands feared dead in China quake

May 12, 2008
The death toll is rising in China, hit today by a magnitude 7.8 earthquake. Production halted at several car factories and power is out across a wide area. Scott Tong in Shanghai describes Sichuan province, where the quake hit hard.

Chicken prices hardly moving

May 12, 2008
Although the cost of feed is soaring, the cost of chicken has barely budged this year. Ashley Milne-Tyte reports that chicken producers would love to raise their prices like everyone else, but are held back by retailers.

It's not just your e-mail that gets scams

May 12, 2008
With all the focus on Internet scam spams, the idea of just plain snail-mail scams would seem to have gone the way of brick-sized cell phones. But Sally Herships reports that scammers have no preference when it comes to their…

Prime time ad spots on sale this week

May 12, 2008
The big broadcast networks put on their annual dog and pony show this week in New York City. It's called "the upfront" and is the time when networks unveil new shows for advertisers, who then pre-buy commercial time. Stacey Vanek…
Man watching static on TV
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Quake-rattled China also hit by inflation

May 12, 2008
In China, consumer prices approach a 12-year high, leading to a global fear that Chinese factories are hiking prices for everyone. Scott Tong reports from Shanghai on commodity prices and inflation in China.

Blackberry Bold challenges the iPhone

May 12, 2008
Blackberry released a sleek new cellphone today as its entry in the competition with Apple's iPhone. The secret ingredient: the Blackberry Bold uses a different kind of network to get all kinds of new features. Alisa Roth has more.

The team

Stephen Ryan Producer, BBC